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I have a deal under contract and wanted to get other investors thoughts on the term of the mortgage I should get. The purchase price of the property is 200k and it is ready to be rented so no money will have to be spe...
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Ok.. So I've read a few real estate book, I'm no pro and yet obviously, and the advise I get from people in the industry hasn't been 100% true. My problem, I'm trying to prepare myself for my second buy and hold multi...
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I currently have two properties - 1 SFH w/ conventional loan and 1 duplex w/ FHA loan. Both were originally acquired as personal/owner occupant properties but are now being used as short-term rentals. Original goal ...
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Say you have $60k leftover every year to invest in rentals. Assuming 25% down, that's a couple homes valued at $120k a piece that one could invest in. I'm sure most banks would allow you to have 2 homes financed; howe...
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I just recently used my 10th Fannie/Freddie mortgage so I’ve been diving in to learn about my lending options moving forward. I spent the day yesterday calling local banks and here’s the decision I’m trying to make:I ...
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I am a newbie currently working on a business plan and ready to do some deals. I see great opportunity, in my area, in buying forclosures at auction for quick resale. I need capital. I'd like to here everyones input o...
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I just finished reading Chad Carson's bp blog post, "Why the Massive Real Estate Empire You Think You Want Won't Give You the Life You Imagine". It really rang true for me. I see a lot of wannabe investors, newbies,...
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Hello everyone! I finally made the jump to PRO and it feels great to be here. I just wanted to take a second to introduce myself to the BP PRO community. I have been a long-time BP 'lurker'...reading every forum an...
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I currently am under contract for my next rental property. This will be the first rental property that I have bought since getting married and having my first child. My wife and I combined our finances when we got mar...
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Given mortgage lending scrutiny these days, how are investors making rehab and refinance strategies work (at scale)? Is it feasible to buy using cash or a LOC, rehab, and then refinance a "batch" of properties via a ...